Mia culpa. I should have been more specific. The countries I listed have elements of socialism, and capitalism. They are not pure socialist states, but then again, America is not a pure capitalist state. We practice An economic theory espoused by Keynes and pay token lip service to free trade and markets while never embracing free market principles laid out von Hayek.
I fully embrace the failings of socialism for they are no better, nor any worse then those of capitalism.
I am biased. Capitalism’s link with blind consumerism is an issue I find hard to embrace, and here in the States we have a hard time with rampant consumption. If all the world consumed as we Americans (myself included) consume, how long could the Earth support us?
Sorry, I went off on a tangent. Capitalism and Socialism, opposite sides on the same coin.
Embrace the absurdity of existence.